We all owe a debt for civilization
REally? Then we only really need 1% of the population? Wow! who knew?
The wealthy won't leave until they have with the help of the government they own, extracted every cent out of this economy.
Their MONEY however, will find other places to settle while this bankrupting of the national economy is happening.
Sure we all owe a debt for civilization but why do the rich owe a higher percentage than the rest of us.
Pretty simple really. They're the people with enough money TO PAY the bills. But as a percentage of their incomes, I doubt many billionaires pay the same overall rate of taxation as even I do. Note I said overall taxes? That's because much of taxation isn't federal but rather
state and local, but those taxes are no less necessary for this society to function that FEDERAL taxes, so when we dicuss taxation, we need to include those in our computations.
Plus the government is not civilization and it doesn't exactly make good decisions with the money.
Not it is not civilization, but it is a part of civilization. If you doubt that imagine what things would look like without any government.
I'm stating that we need the money from the 1% in order to maintain our lifestyle. If they leave 70% of our tax revenue leaves with them. I would say that would be pretty catastrophic of course the liberals would like that because then the government can run everything. But instead of there being some poor and some middle class then there will be the rich (government) and the poor (citizens/serfdom)
I cannot understand the above so I cannot respond to it.
So the us raising their taxes even more will help convince them to stay or to try to get as much of their money as possible before they can escape?
I don't propose raising taxes
right now so asking me to defend that POV is a waste of your time.